文章基本信息

标题：The impact of monetary policy transparency on inflation:the case of Ukraine
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作者：Serhiy Kozmenko ; Taras Savchenko ; Alona Zakutniaia 等
期刊名称：Banks and Bank Systems
印刷版ISSN：1816-7403
电子版ISSN：1991-7074
出版年度：2016
卷号：11
期号：4
页码：82-89
DOI：10.21511/bbs.11(4).2016.08
语种：English
出版社：LLC "CPC "Business Perspectives"
摘要：This study presents empirical evidence on the impact of monetary policy transparency on inflation. A lot of studies analyzed how monetary policy transparency is entangled with inflation level from a theoretical point of view and came to contradictory results (some studies argued that transparency leads to lower inflation,others concluded that transpar ency results in higher prices). But this study is different from prior studies. Firstly,it looks at investigated issue empirically. Secondly,it considers for other causes of inflation and employs a panel data set on central bank transparency. Thirdly this paper investigates the issue associated with transparency in Ukraine. The authors find that transparency significantly reduces inflation rates in developed countries,but it is positively associated with inflation in Ukraine.
关键词：central bank;monetary policy transparency;information disclosure;inflation.